Global Automobiles Undervalued over 20% based on DCF

Ling Yun Industrial

Market Cap: CN¥9.9b

Engages in the production and sale of automotive parts and plastic piping systems in China and internationally.

Hong Leong Industries Berhad

Market Cap: RM 5.9b

An investment holding company, engages in the manufacture and sale of consumer and industrial products in Malaysia, Australia, Vietnam, Thailand, Singapore, Taiwan, and internationally.

KYB

Market Cap: JP¥168.8b

Manufactures and sells automotive, hydraulic, and aircraft components worldwide.

SAF-Holland

Market Cap: €908.6m

Manufactures and sells chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses.

F.C.C

Market Cap: JP¥165.3b

Manufactures and sells clutches for automobiles, motorcycles, and general-purpose machinery in Japan and internationally.

ZYNP

Market Cap: CN¥5.9b

Engages in the research, development, manufacture, and sales of automotive components in China and internationally.

Shentong Technology Group

Market Cap: CN¥5.7b

Engages in research and development, manufacturing, and sales of automotive power system, interior and exterior system, and molds in China and internationally.

Kodiak AI

Market Cap: US$785.0m

Engages in the development of autonomous vehicle technology and related services.

Zhejiang Meili High Technology

Market Cap: CN¥5.1b

Engages in the research, development, production, and sale of high-end spring products in China and internationally.

Astra Otoparts

Market Cap: Rp12.7t

Manufactures, sells, distributes, and exports spare parts for two-wheelers and four-wheelers in Indonesia, the Rest of Asia, the Middle East, the United States, Europe, and Africa.

Depo Auto Parts Industrial

Market Cap: NT$21.4b

Manufactures and sells automotive and other related lighting products in Taiwan, Asia, and the United States.

Giti Tire

Market Cap: CN¥4.4b

Engages in the production and sale of automobile tires.

Prinx Chengshan Holdings

Market Cap: HK$4.7b

An investment holding company, researches and develops, designs, manufactures, and sells tires and related products.

Fuxin Dare Automotive Parts

Market Cap: CN¥3.9b

Engages in the research, development, manufacture, and sale of automotive parts systems in China and internationally.

Selamat Sempurna

Market Cap: Rp10.1t

Manufactures and sells tools or equipment for vehicles, heavy equipment, and other machinery in Indonesia and internationally.

G-Tekt

Market Cap: JP¥89.2b

Manufactures and sells auto body components and transmission parts in Japan and internationally.

Qingdao DoublestarLtd

Market Cap: CN¥3.6b

Engages in manufacturing and sales of tires in China and internationally.

Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret

Market Cap: ₺25.0b

Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S.

Tieliu Co.Ltd

Market Cap: CN¥3.6b

Engages in the manufacture and sale of automotive transmission systems and high-precision components in China and internationally.

Martinrea International

Market Cap: CA$711.3m

Engages in the design, development, manufacture, and sale of engineered, value-added lightweight structures, and propulsion systems for the automotive sector in North America, Europe, and internationally.

Nemak S. A. B. de C. V

Market Cap: Mex$8.8b

Develops, manufactures, and sells aluminum components for e-mobility, structure and chassis, and ICE powertrain applications to the automotive industry in North America, Europe, and internationally.

Sebang Global Battery

Market Cap: ₩734.3b

Manufactures and sells lead acid batteries in South Korea and internationally.

Tianjin Pengling GroupLtd

Market Cap: CN¥2.9b

Designs, develops, manufactures, and sells automotive fluid piping systems and automotive sealing components in China and internationally.

DaikyoNishikawa

Market Cap: JP¥64.6b

Develops, manufactures, and sells automotive parts and synthetic plastic products in Japan.

Eurocharm Holdings

Market Cap: NT$12.9b

Manufactures and sells motorcycle and auto equipment parts, medical equipment, and machine parts in Taiwan, Vietnam, the United States, and internationally.

Daido Metal

Market Cap: JP¥59.8b

Engages in the manufacture and sale of bearings in Japan, North America, Europe, Asia, China, and internationally.

Strattec Security

Market Cap: US$348.2m

Designs, develops, manufactures, and markets automotive security, access control, and user interface controls products in North America and internationally.

Nichirin

Market Cap: JP¥53.3b

Manufactures and sells automotive and housing hoses, and related parts in Japan and internationally.

AB Dynamics

Market Cap: UK£235.5m

Provides vehicle test development and verification products and services for driver assistance systems.

Changchun Yidong ClutchLTD

Market Cap: CN¥2.0b

Engages in the development, production, and sales of automobile clutches in China and internationally.

Sogefi

Market Cap: €251.5m

Designs, develops, and produces filtration systems, suspension components, air intake products, and engine cooling systems for the automotive industry in Europe, South America, North America, China, and internationally.

North East Rubber

Market Cap: ฿8.4b

Manufactures and sells rubber products in Thailand.

PIOLAX

Market Cap: JP¥40.2b

Designs, develops, produces, and sells various parts and products for the automotive, medical, and consumer and security industries in Japan, the rest of Asia, the United States, Europe, and internationally.

Dharma Polimetal

Market Cap: Rp4.3t

Through its subsidiaries, manufactures and sells automotive components and metal finishing for motorcycles and cars in Indonesia.

Pecca Group Berhad

Market Cap: RM 963.5m

Provides automotive leather upholstery products and services in Malaysia, Indonesia, Thailand, and internationally.

Grupo Industrial Saltillo. de

Market Cap: Mex$3.7b

Through its subsidiaries, engages in the design, manufacture, sale, and marketing of auto parts and housewares in Mexico, the United States, other Latin American countries, Countries in the European zone, and internationally.